Shake Shack CEO has revealed its plans for rapid expansion in Asia

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Shake Shack CEO has revealed its plans for rapid expansion in Asia
A Shake Shack store in Beijing.NICOLAS ASFOURI/AFP via Getty Images
  • New York chain Shake Shack is ramping up expansion in Asia, according to its CEO.
  • CEO Randy Garutti told CNBC that Asia will become one of its most important markets.
  • It has over 45 restaurants in Asia with more locations in China and Singapore opening imminently.
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New York chain Shake Shack has its sights set on expansion in Asia.

The CEO of the restaurant chain said in an interview with CNBC on Thursday that the company has "big plans" for Asia and believes that by 2025 it will become one of its most important positions.

"Our business has been incredibly resilient in Asia," CEO Randy Garutti told CNBC on Thursday morning.

Shake Shack has more than 45 locations in China, Japan, South Korea, Singapore, and the Philippines; it plans to open several locations in South China and Singapore in the next few months.

Garutti said the company works with local partners to launch in each new area: "We say one shake at a time, one burger at a time, one community at a time," he said, adding that once the company has success with one location, there is opportunity to grow their presence there.

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Garutti also insisted the dining-in experience would continue to be a strong part of its offering, despite testing new delivery options during the pandemic. "We have learned that people are craving to be together with friends," he said.

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